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Savoy,IL 61874
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Orig Town Of Savoy
MLS Listing ID 11955192
Tax Year 2022
Property Description
Prime Commercial Building Site with Additional Adjoining Plots Discover an exceptional investment opportunity in the thriving neighborhood business district of Savoy, adjacent to Champaign. This offering includes a key 1/2-acre site recently zoned for the development of up to an 8-unit apartment building, along with two additional adjoining plots, which being sold separately or could be packaged as one total. Together, they create an expansive package deal for a comprehensive development project. Ideal for 1031 Exchange Buyers: This combined property presents an unparalleled chance for 1031 exchange buyers seeking a significant investment in a high-potential area. Prime Location: Located near major arterial roads, this site ensures easy access to exceptional air transportation facilities, blending connectivity with convenience. Center of Prosperity: Nestled in an upscale area, these plots are surrounded by a plethora of shopping options, premium service providers, and a variety of restaurants, epitomizing a high-end lifestyle. This is a rare opportunity to own a significant portion of prime real estate in one of the most sought-after locations. Offering more than just a building site, this is a gateway to a transformative project in a rapidly growing community. Seize the chance to make a landmark investment in a flourishing district.
Location
State IL
County Champaign
Area Champaign, Savoy
Zoning OTHER
Interior
Laundry None
Exterior
Utilities Available Electric to Site,Gas Nearby,Sanitary Sewer,Sewer-Storm Available,Water-Municipal
Waterfront false
Building
Dwelling Type Land
Schools
Elementary Schools Champaign/Middle Call Unit 4 351
Middle Schools Champaign/Middle Call Unit 4 351
High Schools Central High School
School District 4 ,4, 4
Others
Special Listing Condition None